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Blockbuster won't pay dividend | Reuters.com
by dmv at 4:48 pm EDT, Sep 8, 2005 |
Blockbuster Inc. on Friday said it will not pay a dividend for the third quarter, the first time it has failed to do so since the largest U.S. video rental chain operator went public in 1999. The decision, made by the company's board, is the latest sign of financial difficulty at Blockbuster and sent shares down 5 percent, to a new all-time low.
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RE: Blockbuster won't pay dividend | Reuters.com
by janelane at 1:47 pm EDT, Sep 12, 2005 |
dmv wrote: Blockbuster Inc. on Friday said it will not pay a dividend for the third quarter, the first time it has failed to do so since the largest U.S. video rental chain operator went public in 1999. The decision, made by the company's board, is the latest sign of financial difficulty at Blockbuster and sent shares down 5 percent, to a new all-time low.
A few months ago, I swore off Blockbuster on account of their being righteous, monopolistic assholes and chose instead to populate my DVD collection. But this article (in addition to making me smile) also has encouraged me to hurry up and use those free rental tickets from the class action lawsuit settlement. In the end, justice does prevail. -janelane, renting a western tonight |
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